Risk management

Description

The training is part of the Fund Governance Masterclass, a certification programme with the below topics:

• Module 1 – Funds & IFMs: Governance fundamentals  (28hr, 3.5 days)
• Module 2 – Technology challenges for Governing Bodies (4hr, 0.5 day)
• Module 3 – Portfolio management (4hr, 0.5 day)
• Module 4 – ESG developments for Governing Bodies  (4hr, 0.5 day)
• Module 5 – Risk management (8hr, 1 day)
• Module 6 – Fund Administration, Depositary and Valuation (8hr, 1 day)
• Module 7 – Marketing, distribution and transfer agency (8hr, 1 day)
• Module 8 – AML/CFT for Governing Bodies (4hr, 0.5 day
• Module 9 – The role of the auditor (4hr, 0.5 day
• Module 10 – Tax & Regulation for Governing Bodies (8hr, 1 day)
• Module 11 – Fund Governance in Practice (8hr, 1 day)

Course outline

The Risk Management module provides an overview of the risk management process, the types of risk, the risk-based approach and key requirements applicable to the governance and operation of the function. It will address the similarities and differences between UCITS and AIFM risk management, and highlight key considerations for Directors in their role of oversight of this function.  

The practical application will be illustrated by means of case studies. 

Course highlights  

The module covers the following topics:

•  What is risk management?  
• Key CSSF findings in relation to risk management  
• UCITS vs AIFMD Risk Management Regulation  
• General principles of risk management 

• Governance and Organisation of Risk Management  

• Risk Appetite at IFM Level and Fund Level  

• Identification of Risks 

• Measurement and Management of Risks 

• Reporting Risks 

• UCITS Risk Management
• Alternative Investment Fund Risk Management